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  • Chesapeake Energy (CHK +3.8%) reportedly is selling more than 28K net acres in the Granite Wash and Hogshooter Wash areas in western Oklahoma, an oil-and-gas play it recently called a "significant boost" to its long-term strategy. CEO Aubrey McClendon had called Hogshooter "one of the best oil wells drilled onshore in the Lower 48 in the past several decades." [View news story]
    Hey... I must be lost... Hasn't Mr. Chesapeake been touting "giant shift towards "OIL" and AWAY from "GAS"???
    Why sell off the "OIL" assets????
    He must be drinking waaay too much of that "Aubrey McClendon's Collection" of $10K a bottle vino! LOL
    Oct 11, 2012. 06:59 PM | 1 Like Like |Link to Comment
  • Buy Chesapeake Energy On Insider Buying, Debt Reduction And Asset Sales [View article]
    To factzplz...
    Respectfully... gohaynesvilleshale.com... 30,000 CHK lessors/unleased mineral owners can't be all wrong...
    I and my neighbors are in the majority... Not the "few" landowners who showed up @ CHK Annual Stockholders meeting.
    I repeat my case... CHK double dips their revenues to mineral owners and "nets' them out to death! That's how CHK is getting a 2% increase...
    EVERY other Producer in HS is providing their Lessors with many more $$$ per $/mcf than CHK Operating Inc., et al.
    IMO CHK Energy, et al's books need to be investigated for the CHK Energy & CEMI financial collusion to defraud their lessors/UMOs.
    Oh...Wait... They are being investigated... Everywhere...
    Oct 8, 2012. 12:06 AM | 1 Like Like |Link to Comment
  • Buy Chesapeake Energy On Insider Buying, Debt Reduction And Asset Sales [View article]
    You know where CHK, et al, gets it's "2% Qtrly Revenue Growth?" Off the backs of CHK Lessors & UMOs (Unleased Mineral Owners who are mandated by State Force Pooling Laws) who are being financially held hostage by CHK, et al's, Mega Monopoly Power over both sides of their nat gas/oil pricing: Property to Product to Sale.
    CHK, et al, controls every price point through to final sale of nat gas where CHK, et al, realizes and gains from the highest price $/mcf received from CHK, et al's, Lessors & UMOs who receive the lowest $/mcf from CHK, et al, of ALL other O&G Producers. CHK, et al, also controls every price point from the other side of the nat gas/oil product too... From the wellhead (lowest price/mcf), to CEMI, to CHK Midstream Partners (CHK changed CMP to Access Midstream Partners ACMP 7/2012) for gathering, compression, pumping, processing and treating charges, to end sale of nat gas/oil for which CHK receives the highest $/mcf.

    CHK, et al's, Master Monopoly Power over the WHOLE Product Pricing and Product Expensing of their Lessors and UMOs nat gas and oil minerals is a crime IMO. CHK, et al, is Charging CHK Lessors and UMOs anywhere from 40% to 50% plus of Lessors/UMOs mineral revenues/moneys for Capital Expenditures and Lease Operating Costs. IMO...It's a Punishable Crime!
    HK Lessors and UMOs are getting the lowest $/mcf from CHK than from any other O&G Producer and are being Charged/Expensed Higher than any other O&G Producer.
    iIMO...CHK, et al, is an out-and-out Monopoly Power Poster Boy under the Sherman Act, because CHK, et al, Lessors & UMOs are being held financially hostage/captive through CHK, et al's, scheme to charge CHK, et al, Lessors & UMOs the highest prices per CHK Cap Ex and Production Charges/Costs/Expenses and to pay CHK, et al, Lessors & UMOs the lowest prices per $/mcf from their Lessors' & UMOs' nat gas and oil minerals...
    Bottom Line...That is exactly how CHK, et al, is milking out its measly "2% Qtrly Revenue Growth!"
    Sep 27, 2012. 01:56 PM | 1 Like Like |Link to Comment
  • Chesapeake (CHK +0.6%) hires James Webb as its new, full-time legal counsel as it tries to recover from damaging reports about controversial land deals in Michigan and CEO Aubrey McClendon's personal loans. Webb has been a longtime partner in Oklahoma's largest law firm; maybe he'll know how to tell Aubrey "no." [View news story]
    Factzplz,

    All I can say is... You must not be in business with him...
    If you were... You are being cheated...
    Sep 23, 2012. 07:38 PM | Likes Like |Link to Comment
  • Why Chesapeake May Be Headed Lower [View article]
    soonerxii... "we said the new state bird was the Chesapeake Crane."

    I lived in OK City many years ago...

    Thanks for the LOL of the Day!

    Lie high...Sell low... Maps...Wine... Stakeholders...
    Sep 12, 2012. 12:37 PM | 1 Like Like |Link to Comment
  • The latest sign of Chesapeake's (CHK) comeuppance: It's putting up for sale the Fort Worth highrise it bought in 2008 for $104M that symbolized the company's boom times. The building should attract plenty of interest but probably not at the 2008 price; for CHK, getting high prices for its assets is important as it seeks to raise at least $13B this year. [View news story]
    bdoeden,
    "It tells me that..." CHK Stock is in the trash can. Stop blaming CHK investors for what McClendon and BOD have done to CHK Stocks. The authority over and responsibility for CHK's Stock prices are not managed by mom and pop investors.
    Give McClendon his walking papers... And, Don't let him take half of CHK's Asset Sales with him...
    Let him get back to what he knows best...Private E&P. Then he can sink or swim by himself.
    Sep 8, 2012. 01:48 PM | Likes Like |Link to Comment
  • Chesapeake Energy: Still Not Worth The Risk [View article]
    slimback,
    My LOL for the Day! Thanks...
    Aug 26, 2012. 05:00 PM | 1 Like Like |Link to Comment
  • Chesapeake (CHK) let Aubrey McClendon profit from Barnett Shale oil and gas wells while denying the same chance to leaseholders on the properties, according to a new lawsuit. The CEO was allowed to purchase a 1%-2% interest in wells drilled by CHK, using his stake in the wells as collateral; CHK was contractually obligated to offer leaseholders a similar deal, the plaintiffs say. [View news story]
    Drilling for O&G in America has always made more money...
    Just honor your leases, LESSEES!
    Aug 26, 2012. 04:19 PM | 1 Like Like |Link to Comment
  • Chesapeake Energy: Still Not Worth The Risk [View article]
    slimback,
    You are100% correct. This scam has been going on for a very long time here in E. TX and NW LA. The only O&G Producer "skimming" along...as I call it...seems to be the mighty CHK. In my opinion it is an out and out defrauding of the very nat gas/mineral owners who put the MEGA Bucks in CHK's POCKETS. CHK "Hoodwinked" lessors on their leases too. CHK Lessors who had addenda for "no cost" and "cost free" royalties...in the beginning of the Shale Rush...weren't charged the gathering, compression, and transport costs. For the past year however CHK has been socking it to them like Mad Men out for their last MEAL!!! It is a second slap in OUR faces...
    Your suggestion has already been taken. I and other UMOs forwarded ALL our CHK documents to the LA State Attorney General's Office, the LA Office of Conservation, the IRS, and the SEC as of July 2011.
    I have been told that investigations are underway, but I guess CHK will just keep double dipping our revenues, taking our nat gas and paying us crumbs until they are exposed and fined up the X$%^&*.
    The Courts are "Corporate Cronies" and put the "blame" on unsophisticated landowners/mineral owners who don't have the Deep Pockets or "Deep enough Throat" to force Corporations and BODs and CEOs to at the very least operate under an umbrella of fair play. So "suing" seems to be a moot point.
    There is enough nat gas to go around for ALL of U.S. Forever...
    Greedy $#%^&***.
    Here's hoping one of our Legal Entities exposes "All The CEO's Men."
    Maybe in Michigan they have the "goat" pictures on CHK's and Encana's collusion on land leasing prices...
    It happened in the Haynesville Shale...They say...
    I'm sure it was going on in all the Shale Rushes that followed the HA...
    How many years did it take the U.S. Dept. of Justice, SEC, FBI, FTC to catch Bernie Madoff?????
    Idiots... IMO...
    Aug 25, 2012. 09:12 PM | 1 Like Like |Link to Comment
  • Chesapeake (CHK) let Aubrey McClendon profit from Barnett Shale oil and gas wells while denying the same chance to leaseholders on the properties, according to a new lawsuit. The CEO was allowed to purchase a 1%-2% interest in wells drilled by CHK, using his stake in the wells as collateral; CHK was contractually obligated to offer leaseholders a similar deal, the plaintiffs say. [View news story]
    wpspiker,
    Yeah... Like CHK would have signed on to that lease... Not.
    Aug 23, 2012. 09:51 PM | Likes Like |Link to Comment
  • Chesapeake Energy: Still Not Worth The Risk [View article]
    "Sale/mcf $3.89"
    "Expenses/mcf $1.60"
    "Profit/mcf $2.29"
    What the ..... Down here in CHK's LA Haynesville Shale those aren't CHK's numbers to their royalty owners. We would LOVE to see these $ figures on our CHK Operating Inc. revenue check stubs... For April 2012, CHK's "Sale/mcf $1.51/mcf"...and, that's CHK' price on my Unleased CHK Mineral Owner CHK revenue check stub which is always a few cents higher/mcf than CHK's "Leased" Mineral Owners get. April 2012 "Expenses/mcf $.89" or 59%...as I pay my share of the CHK nat gas well's operating expenses plus monthly lease expenses...equal to 59% of my CHK revenue check spent by CHK!!!! (And CHK "Royalty/Leased" Mineral Owners are getting
    #%&@@* too.)
    So net to me for April 2012...$.62/mcf.
    May 2012 doesn't get much better. "Sale/mcf $1.60."
    "Expenses/mcf $ $.88/mcf"or 55%.
    Which leaves...$.72/mcf...to me....
    As a 100% owner of my "Unleased" Minerals in a "pooled" CHK nat gas "unit" well...
    Why am I paying more in expenses and getting less
    in $/mcf than my CHK nat gas well Joint-Billing-Interest
    Well Partners: CHK Energy, et al ????????????
    This is only a blip in the "netting-out accounting" CHK is doing on the other side of their balance sheet, but it's the only way they can get to their revenue numbers for their "investor" presentations. Hollywood Accounting at it's finest!
    This CHK "netting out" has been going on since they began their operations in the Haynesville Shale. And with nat gas prices in the toilet...CHK just keeps increasing cap ex and decreasing $/mcf.
    It's a royal scam...run by a royal scam artist. IMMostHOpine...
    P.S. The other HA Shale Producers' cap ex are lower/mcf and their sales/mcf are higher than CHK's...
    Aug 23, 2012. 04:29 PM | 2 Likes Like |Link to Comment
  • Natural Gas Storage Glut Could Become A Deficit By October [View article]
    There aren't going to be any new coal-fired plants built in U.S. Ever...
    This article's premise for a U.S. coal revival is rediculous. Nat gas is replacing coal @ U.S. energy companies and will around the world. New U.S. plants will use nat gas, not coal. It's a fact.
    Degree days affect nat gas prices, but the abundance of Shale Plays and the fact that Shale nat gas wells are so choked back means opening them up and the continued horizontal drilling/discovery of the next new Shale Play convinces me that nat gas prices will stay low for a long long time.
    Here in LA/Haynesville Shale, they're still drilling nat gas in different formations, LCV, CV, Bossier, etc.
    I can't see a big bump in U.S. nat gas prices any time soon...barring some natural disaster or major world crisis.
    And an ETF???? Please....
    Jul 27, 2012. 12:54 PM | 1 Like Like |Link to Comment
  • NRG Energy (NRG) will merge with GenOn Energy (GEN), creating the largest competitive power generation company in the U.S.. GEN shareholders will receive 0.1216 of a share of NRG common stock for each GEN share of common stock, a 20.6% premium to GEN shareholders. NRG shareholders will own 71% of the combined firm, GEN shareholders will own 29%. (PR)  [View news story]
    Agree 100% with "KgenonK." Former employee here too... The former Execs of the parent company of RR walked away with Millions when "they" hoodwinked Houston Industries with their accounting models/books...

    Let's hope "KgenonK" is right!
    Jul 23, 2012. 11:44 AM | Likes Like |Link to Comment
  • At 6.3x GenOn's (GEN +25.8%) estimated 2013 EBITDA, NRG's (NRG +8.3%) merger with GenOn was completed at an attractive price, Wunderlich says; ~$200M of operating cost savings are expected, with an additional $100M of interest and capital cost savings. Barclays upgrades NRG to Overweight with a $22 price target, up from $19. (also)  [View news story]
    It's about time GEN sees "any"/some positive stock numbers. It's been tanking for years... (I used to work for the original parent company.)
    Should have sold when parent co. was devoured... now I have $2 plus per share... WOW.
    Not LOL...


    Jul 23, 2012. 11:25 AM | Likes Like |Link to Comment
  • Can Chesapeake Keep Up With Its Cash Flow Issues? [View article]
    factzplz,
    "...without all the hassles..."
    What about all the OH landowners, mineral owners suing CHK? and CHK suing them? "Landowners dig in, sue over shale leases," Cleveland Business News article, March 5, 2012...
    Landowners suing CHK, Lessors suing CHK, CHK suing OH Utica Lesssors...
    "...without all the hassles..." LOL
    Jul 2, 2012. 04:10 PM | Likes Like |Link to Comment
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